Equinix, Inc. | REIT Profile

Symbol: EQIX
CIK: 1101239
Exchange: NASDAQ
Founded: 1998 (23 years)
HQ: Redwood City, CA, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Large-Cap
REIT Sector: Data Centers

See EQIX on Google Finance
See EQIX on Yahoo Finance
See EQIX on SEC.gov

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Overall Score: 8.6

See score breakdown | See trend

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. Learn More


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Hightlights of Trading Day November 30, 2021


Open Price: $817.29
Closing Price: $812.2
Price Change: -7.8 (-0.951%)
Lowest Price: $809.95
Highest Price: $833.72

52-Week Low: $580.24
52-Week High: $882.08
52-Week Change: 19.34%

5 Day Price Change: 5.51%
1 Month Price Change: -1.69%
3 Month Price Change: -0.22%
6 Month Price Change: 12.10%
YTD Price Change: 16.60%
1 Year Price Change: 18.88%
2 Year Price Change: 49.15%
5 Year Price Change: 161.75%

Dividend of Trading Day November 30, 2021


Dividend Yield: 1.413%*
Annualized Dividend: $11.48*
Dividend Yield (TTM): 1.392%
Annualized Dividend (TTM): $11.4176
Ex-Dividend Date: 2021-11-16
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


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Funds From Operations (FFO)


Funds From Operations (FFO)

Key Stats of Trading Day November 30, 2021


Total Cash: $1,379,100,000
Current Debt: $1,781,136,000
Revenue: $6,493,274,000
Gross Profit: $3,100,552,000
Total Revenue: $6,493,274,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $2,689,930,000
Revenue Per Share: $72
Revenue Per Employee: $746,353
Employee: 10,013
Debt to Equity Ratio (D/E): 2.63
Profit Margin: 0.07%
Enterprise Value (EV): $86,218,445,000
Enterprise Value to Revenue (EV/R): 13.28
Price to Sales (P/S): 11.37
Price to Book (P/B): 6.99
Price/Earnings-to-Growth (PEG) Ratio: -26.87
P/E Ratio: 170.99
P/E High: 145.15
P/E Low: 97.49
Forward P/E Ratio: 143.78
Market Capitalization: $73,131,462,640
Beta: 0.53
Latest Volume: 1,068,923
Avg. Total Volume: 471,281
Avg. 10-Day Volume: 499,212
Avg. 30-Day Volume: 471,281
TTM EPS: 4.75
Shares Outstanding: 90,041,200
Float: N/A
50-Day Moving Avg.: $796.63
200-Day Moving Avg.: $803.04

Latest REIT Community Comments on #EQIX


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Properties Owned by EQIX


Properties Based on REIT's Official Presentation

Properties Types States Countries
183 1 11 25

Please visit REIT’s official webpage for the most up-to-date property list.

EQIX Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $560.17 per share you would have been able to buy 1 shares of EQIX on 2020-12-01 costing $560.17 @ $560.17 per share you would have been able to buy 0 shares of EQIX on 2020-12-01 costing $0.00 @ $560.17 per share you would have been able to buy 0 shares of EQIX on 2020-12-01 costing $0.00 @ $560.17 per share you would have been able to buy 0 shares of EQIX on 2020-12-01 costing $0.00 @ $560.17 per share you would have been able to buy 0 shares of EQIX on 2020-12-01 costing $0.00
Current worth On 2021-11-30 these 1 shares would be worth $812.20 @ $812.20 On 2021-11-30 these 0 shares would be worth $0.00 @ $812.20 On 2021-11-30 these 0 shares would be worth $0.00 @ $812.20 On 2021-11-30 these 0 shares would be worth $0.00 @ $812.20 On 2021-11-30 these 0 shares would be worth $0.00 @ $812.20
Dividends earned $14.14 in dividends would have been earned since 2020-12-01 with 1 shares. $0 in dividends would have been earned since 2020-12-01 with 0 shares. $0.00 in dividends would have been earned since 2020-12-01 with 0 shares. $0.00 in dividends would have been earned since 2020-12-01 with 0 shares. $0.00 in dividends would have been earned since 2020-12-01 with 0 shares.
Net (gain / loss)* 266.17 USD 0.00 USD 0.00 USD 0.00 USD 0.00 USD
ROI** 47.52% nan% nan% nan% nan%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by EQIX. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
EQIX 2021-11-16 2.870 --- 2021-11-03 2021-11-17 2021-12-15
EQIX 2021-08-17 2.870 --- 2021-07-28 2021-08-18 2021-09-22
EQIX 2021-05-18 2.870 --- 2021-04-28 2021-05-19 2021-06-16
EQIX 2021-02-23 2.870 7.89% 2021-02-10 2021-02-24 2021-03-17
EQIX 2020-11-17 2.660 --- 2020-10-28 2020-11-18 2020-12-09
EQIX 2020-08-18 2.660 --- 2020-07-29 2020-08-19 2020-09-23
EQIX 2020-05-19 2.660 --- 2020-05-06 2020-05-20 2020-06-17
EQIX 2020-02-25 2.660 8.13% 2020-02-12 2020-02-26 2020-03-18
EQIX 2019-11-19 2.460 --- 2019-10-30 2019-11-20 2019-12-11
EQIX 2019-08-20 2.460 --- 2019-07-31 2019-08-21 2019-09-18
EQIX 2019-05-21 2.460 --- 2019-05-01 2019-05-22 2019-06-19
EQIX 2019-02-26 2.460 7.89% 2019-02-13 2019-02-27 2019-03-20
EQIX 2018-11-13 2.280 --- 2018-11-01 2018-11-14 2018-12-12
EQIX 2018-08-21 2.280 --- 2018-08-08 2018-08-22 2018-09-19
EQIX 2018-05-22 2.280 --- 2018-05-02 2018-05-23 2018-06-20
EQIX 2018-02-23 2.280 14.00% 2018-02-14 2018-02-26 2018-03-21
EQIX 2017-11-14 2.000 --- 2017-11-01 2017-11-15 2017-12-13
EQIX 2017-08-21 2.000 --- 2017-08-02 2017-08-23 2017-09-20
EQIX 2017-05-22 2.000 --- 2017-04-26 2017-05-24 2017-06-21
EQIX 2017-02-23 2.000 14.29% 2017-02-15 2017-02-27 2017-03-22

Financial Statements Overview


The next Earnings Report for EQIX is 2022-02-09

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Current Cash 1,799,727,000 1,757,219,000 1,609,401,000 2,659,231,000
Receivables 726,382,000 684,642,000 846,685,000 705,509,000
Inventory 0 0 0 0
Current Assets 3,148,062,000 2,849,717,000 2,609,155,000 4,044,028,000
Current Assets (Other) 394,880,000 407,856,000 141,934,000 384,364,000
Short Term Investments 394,880,000 407,856,000 141,934,000 384,364,000
Long-term Investments 24,782,300,000 24,467,273,000 24,397,686,000 22,392,686,000
Property, Plant & Equipment Net 15,143,898,000 14,768,661,000 14,503,084,000 13,110,554,000
Goodwill 5,411,123,000 5,387,601,000 5,472,553,000 5,125,230,000
Intangible Assets 2,047,515,000 2,092,253,000 2,170,945,000 2,047,122,000
Other Assets 807,970,000 812,923,000 536,861,000 673,443,000
Net Tangible Assets 3,187,834,000 3,096,980,000 2,990,490,000 3,383,462,000
Total Assets 27,930,362,000 27,316,990,000 27,006,841,000 26,436,714,000
Accounts Payable 0 0 77,705,000 0
Liabilities (Other) 770,153,000 827,228,000 658,633,000 721,613,000
Current Liabilities (Other) 1,492,471,000 1,454,287,000 1,576,887,000 1,560,545,000
Total Current Liabilities 1,683,371,000 1,833,580,000 2,024,750,000 3,796,183,000
Current Long-term Debt 190,900,000 379,293,000 370,158,000 2,235,638,000
Long-term Debt 13,638,690,000 12,826,941,000 12,090,347,000 10,083,022,000
Total Liabilities 17,283,890,000 16,740,156,000 16,372,853,000 15,880,900,000
Minority Interest 0 -159,000 130,000 152,000
Common Stock 89,648,000 89,330,000 89,140,000 14,950,611,000
Retained Earnings -3,655,960,000 -3,463,029,000 1,760,302,000 -3,170,310,000
Treasury Stock -117,270,000 -117,786,000 -122,118,000 -122,686,000
Capital Surplus 0 0 0 0
Shareholder Equity 10,646,472,000 10,576,834,000 10,633,988,000 10,555,814,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Total Revenue 1,657,919,000 1,596,064,000 1,564,115,000 1,519,767,000
Cost of Revenue 865,120,000 811,217,000 830,735,000 767,979,000
Gross Profit 792,799,000 784,847,000 733,380,000 751,788,000
Research and Development 0 0 0 0
Selling General and Admin 507,615,000 484,283,000 480,199,000 452,077,000
Operating Expense 1,379,720,000 1,298,402,000 1,341,989,000 1,225,896,000
Operating Income 278,199,000 297,662,000 222,126,000 293,871,000
Income Expense Net (Other) 455,000 0 959,000 0
EBIT 278,654,000 297,662,000 223,085,000 293,871,000
Interest Income 86,857,000 88,952,000 89,668,000 98,284,000
Pretax Income 49,960,000 188,702,000 92,240,000 96,734,000
Income Tax -18,527,000 32,628,000 41,304,000 29,903,000
Minority Interest 148,000 -288,000 -58,000 144,000
Net Income 68,339,000 156,362,000 50,994,000 66,687,000
Net Income Basic 68,339,000 156,362,000 50,994,000 66,687,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2021-06-30 2021-03-31 2020-12-31 2020-09-30
Net Income 68,339,000 156,362,000 50,994,000 66,687,000
Depreciation 416,241,000 395,017,000 1,423,369,000 1,045,150,000
Changes in Receivables 726,382,000 684,642,000 846,685,000 13,920,000
Changes in Inventories 0 0 0 0
Cash Change 1,799,727,000 1,757,219,000 1,609,401,000 -2,147,888,000
Cash Flow 599,197,000 391,158,000 686,148,000 1,623,678,000
Capital Expenditures -726,132,000 -617,335,000 -2,482,686,000 -1,572,636,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -728,727,000 -635,684,000 -1,339,776,000 -2,087,196,000
Dividends Paid 0 0 0 0
Net Borrowings 11,634,983,000 11,041,159,000 10,709,170,000 9,275,065,000
Cash Flow Financing 174,676,000 412,654,000 -421,830,000 1,237,356,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

About Equinix, Inc.


Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the world's most connected data centers in 44 markets across five continents. In the United States, Equinix operates data centers in Atlanta, Boston, Chicago, Dallas, Denver, Los Angeles, Miami, New York, Philadelphia, Seattle, Silicon Valley and Washington D.C.

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
10 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.6
7 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.4
8 Dividend to AFFO Payout Ratio Health: Analysis of the REIT’s Dividend to AFFO Payout Ratios during the last four quarters. 8.8
4 Dividend to AFFO Payout Ratio Trend: Analysis of the REIT’s Dividend to AFFO Payout Ratios trend during the last two years. 7.7
Rating AFFO & Efficiency Section Avg. Rating
10 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 7.8
7 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 6.9
9 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 8.6
10 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 9.1
Rating Leverage Section Avg. Rating
10 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 7.4
10 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 8.8
10 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.9
10 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
6 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
9 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 6.8
Rating Asset & Revenue Section Avg. Rating
10 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 5.4
10 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 6.1
Rating Properties Section Avg. Rating
10 Portfolio of Properties: Analysis of the REIT's property's strength, size, and geographic distribution. 8.2
8 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
5 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 5.2
8.6 Overall REITRating™ Score (See trend) 6.1

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2021-12-01 - v2.4